Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

ArcelorMittal (AM) has signed a memorandum of understanding (MoU) with Air Liquide to install low-carbon hydrogen and carbon emissions capture technologies at its Dunkirk plant in a bid to accelerate the steelmaker’s decarbonization plans. 


In line with ArcelorMittal’s environmental commitment and the EU’s Green Deal, the project will reduce annual carbon emissions at the Dunkirk site by 2.85mn mt by 2030. ArcelorMittal has committed to reduce its CO2 emissions by 30pc by 2030 and achieve carbon neutrality by 2050. 


The two companies have applied for funding under the Important Project of Common European Interest (IPCEI) for hydrogen research and optimization. 


ArcelorMittal will incorporate a direct reduced iron (DRI) unit and a submerged arc furnace using this technology, the company said in a statement on Thursday. Air Liquide will develop systems to supply a large quantity of hydrogen and the installation of carbon capture technologies.  


ArcelorMittal also launched its first three XCarb brand initiatives to support its carbon neutrality goals on Mar 17.  

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